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    AEGN   GRS495003006

AEGEAN AIRLINES S.A.

(AEGN)
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Delayed Athens Stock Exchange  -  05/27 10:10:30 am EDT
5.210 EUR   +0.58%
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Aegean Airlines suspends Beirut flights after plane damage

01/15/2022 | 04:31pm EDT

BEIRUT (AP) — Greece’s dominant Aegean Airlines said Saturday it has suspended its flights to and from Lebanon’s capital pending an investigation into the causes of damage to the fuselage of one of its aircraft discovered after it landed in Beirut.

The damage to the external fuselage of one of its aircraft was identified by ground staff after landing on Monday in Beirut International airport, the airline said. It didn’t identify the extent or type of damage and said the suspension of flights was announced the following day after informing authorities in both countries.

Reports on social media, which were picked up by Lebanese media, suggested the aircraft may have been hit by flying bullets. Lebanese officials, including the minister of Public Works and Transport, vehemently denied gunfire was the cause of the damage.

Beirut airport is in a busy residential area of the capital, where celebratory gunfire is not uncommon.

Ali Hamie, the Lebanese minister, shared on his official Twitter account an email exchanged among Lebanese officials saying the hole in the left rear cockpit window was examined and it was determined that a bullet was not the cause of the damage. The examiners suggested the damage may have been caused by ground equipment before arriving in Beirut.

The Greek airline said restarting flights will be announced in the coming weeks.

Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission., source Associated Press News

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Financials
Sales 2022 1 032 M 1 106 M 1 106 M
Net income 2022 16,6 M 17,8 M 17,8 M
Net Debt 2022 427 M 458 M 458 M
P/E ratio 2022 17,8x
Yield 2022 0,75%
Capitalization 470 M 503 M 503 M
EV / Sales 2022 0,87x
EV / Sales 2023 0,70x
Nbr of Employees 2 699
Free-Float 38,0%
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Mean consensus BUY
Number of Analysts 5
Last Close Price 5,21 €
Average target price 6,69 €
Spread / Average Target 28,4%
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Managers and Directors
Dimitrios Christodoulou Gerogiannis CEO, Executive Director & Managing Director
Michael Kouveliotis Chief Financial Officer
Eftichios Theodorou Vassilakis Executive Chairman
Konstantinos Alexandrou Kalamatas Independent Non-Executive Director
Natalia Nikolaidis Independent Non-Executive Director
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